Is Winter Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winter Springs is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Winter Springs has remained a Seller's Market.

Key Takeaway

Winter Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winter Springs, FL

How much do homes in Winter Springs, FL cost?

Median Sold Price

$425,666

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,555(+4.8%)

Key Takeaway

Homes in Winter Springs have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Winter Springs was $425,666 in October 2024, up 4.8% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150.2K$155K
+3.2%
2 $258K$257K
-0.4%
3 $370K$399K
+7.8%
4 $516K$567.5K
+10.0%
5+ $694K$755K
+8.8%

Summary: Winter Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Longwood
+7.1%
Casselberry-Altamonte Springs
+5.5%
Casselberry
+5.3%
Winter Springs
+4.8%
Oviedo
0.1%

Housing Supply in Winter Springs, FL

How many homes are available in Winter Springs, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
229219-4.4%

Summary: The Winter Springs real estate market had 219 homes for sale in October 2024, a 4.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2524
-4.0%
3 111105
-5.4%
4 7171
0.0%
5+ 2219
-13.6%

Summary: The Winter Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4050+25.0%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winter Springs, you may be able to get a good deal. 54% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Winter Springs in October 2024, up by 25.0% month-over-month. Of the 50 sold homes, 54% were sold under asking, 32% were sold at asking, and 14% were sold over asking.

Days on Market for Winter Springs, FL

How long does it take to sell a home in Winter Springs, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days31 Days+43.0%

Summary: Homes in Winter Springs had an average of 31 days on market in Oct 2024, up by 43% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winter Springs are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 50 homes were sold in Winter Springs; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Winter Springs, FL

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